D&D Note (5.29.2018) ~ Spike in Italian Bond Yields Sends Stocks Down ~ A political + debt crisis in Italy over the weekend saw a spike in Italian bond yields causing a huge flight to safety into the US Dollar and US Treasuries. Italy 2-YR Yield rose to 2.738% and the Italy 10-YR Yield rose … Continue reading
BOUGHT: – BAC – C SOLD: – MO
D&D Note (5.18.2018) ~ S&P Flat on Week is Victory for Bulls ~ In the face of continued rising of the 10YR Yield the S&P 500 remained flat for the week. This is actually a big win for the bulls. Why? Because we are still holding the breakout of the downtrend and have not tried … Continue reading
SOLD: – MO
D&D Note (2.27.2018) ~ Interest Rates and FED Chair Powell Dominate Markets Today ~ The big action today was FED Chair J. Powell’s testimony in front of Congress. One question in regard to the number of rate hikes and the answer of opening the door to a 4th rate hike this year led the algorithms … Continue reading
D&D Note (2.20.2018) ~ Pot and Semi’s Rally / Diversification ~ What we normally see before a 3 day weekend instead happened today seeing investors lighten up on positions. The major indexes all finished lower on the day. However Pot stocks and Semiconductor stocks both rallied on the day pushing D&D to finish the day … Continue reading
D&D Note (8-13-2012) After the longest rally since December 2011 the S&P 500 finally snapped the 6 day winning streak. Most likely we’ll continue to see the market heading up until we hit 1425 on the S&P 500 where there is resistance, and then head lower with perhaps a 1385 low before then rallying 5-10% … Continue reading
D&D Note (4-19-2012) Do we make new highs or do we further correct? Do we trade off of earnings or do we trade off of Spanish headlines? Financial stocks keep beating earnings but still look very risky. Tech stocks have been missing earnings but due to demand or supply? Buy Banks that make loans or … Continue reading